Hu Kaihong: Good morning, ladies and gentlemen. Welcome to the news briefing held by the State Council Information Office. The Johannesburg Summit and the Sixth Ministerial Conference of the Forum on China-Africa Cooperation ("FOCAC") will ...
Restart of nuclear reactors in Japan, growing renewable sources of energy and a slow economy are expected to push down the country's LNG consumption by 2020 by as much as 10.5% from 2014 levels, Eclipse Energy said this week. Japan's LNG ...
Tags: nuclear reactors, LNG
After more than doubling its strategic oil reserves since last year, China may apply the brakes to its buying spree as storage availability is expected to be limited, while a climate of depressed prices will reduce any urgency to snap up ...
Tags: Oil Reserve, crude, oil price
China Petroleum and Chemical Corp., or Sinopec, has reduced its North China toluene ex-factory offers by Yuan 200/mt ($30.97/mt), or about 4%, Tuesday, amid weakness in demand and the yuan, an industry source said. Its North China ...
German day-ahead baseload power prices dropped below Eur30/MWh Thursday as wind power output was forecast to rise above 20 GW ahead of calmer weather conditions, which lifted contracts further out, a source said. Baseload power for ...
Tags: nuclear, lignite, coal-fired power
Switzerland-based commodity trading house Trafigura said Monday that falling oil prices, significant volatility, structural oversupply and the emergence of contango price structures have created significant opportunities in the crude and ...
Tags: Trafigura, oil prices, crude oil
Listed lenders from China may see zero or negligible profit growth next year, with some likely to incur marginal losses, a new report said on Monday. The nonperforming loans ratio, which measures bad loans as a percentage of total loans, ...
Tags: Uneasy Outlook, loans ratio
Premier Li Keqiang has pledged "firmer resolve and greater efforts" to tackle the long-standing problem of industrial overcapacity as "old growth drivers" such as manufacturing and investment continue to struggle. China is experiencing a ...
Tags: high-tech industries, Overcapacity
French prompt power prices fell Thursday after demand forecasts for Friday and into next week were revised lower amid an expected increase in wind generation in France and Germany, sources said. Friday baseload was last heard trading at ...
Tags: power prices, Gas, coal
Niubi Village ensconces among mountains in the Mount Danxia hinterland. [File photo] Scenery along the world's longest high-speed railway from Beijing, on the vast North China Plain, southward to Guangzhou, over the Yellow River and ...
Tags: Venerable Villages, Mount Danxia
A Huidong Beauty. 68 × 68 cm Lin Feng was born in Indonesia in 1938, and returned with his family 10 years later to their ancestral home of Fuqing, Fujian Province. When, during the 1960s, the government called on young ...
A room from the the "Apartment of Dreams Come True". [Photo/art-ba-ba.com] An icy wind blows through the streets of Beijing as we head for the northeastern part of the capital. We are driving to a neighborhood called Cuigezhuang, which ...
Zhu Yawen (left) and Ma Yili.[Photo provided to China Daily] Stress has become a part of big-city life, and a new TV series now focuses on it. Launched on Nov 7, two episodes of the Swan Dive for Love are aired during prime time every ...
Tags: TV Series, Stress, young Chinese
Alcoa has entered into a three-and-a-half-year agreement with New York state to increase the competitiveness of its Massena West smelter, previously been earmarked for shutdown, the US lightweight metals producer said Tuesday. Earlier ...
Tags: Alcoa, lightweight metals, aluminum
The recent surge in monoethylene glycol prices came to an end last week, as market activity slackened amid limited availability and buyers' hopes that prices will ease. Spot prices were assessed Friday at Eur950/mt ($1,010/mt) FCA NWE and ...
Tags: glycol, diethylene glycol, feedstock EO